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WEBAcademic and research bodies in the East of England are producing record billions for the UK economy, with the Cambridge Cluster to the fore. Drilling down to funding raised by Cambridge companies with institutional links alone, a staggering $1.35 billion has been harvested by pioneering corporate innovators in the last 12 months.
Google and lowRISC’s band of brothers chip into history while …
WEBFeb 21, 2024 · Google and lowRISC’s band of brothers chip into history while zeroRISC also advances. 21 Feb, 2024. Tony Quested. lowRISC, the Cambridge-based open silicon ecosystem organisation, and the OpenTitan coalition have clinched a historic milestone via the first open-source silicon project to reach commercial availability with …
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WEBR & D ‘brains’ to stay in Cambridge as Darktrace changes CEO. Thoma Bravo, the new US owner of Cambridge cyber security company Darktrace, has pledged that the brains of the business – the R & D team of some 300 people – will stay in the city despite CEO Poppy Gustafsson being replaced by Texas-based Jill Popelka. Tony Quested.
In the footsteps of Faraday: Superdielectrics moves the dial on key ...
WEBMar 17, 2024 · In the footsteps of Faraday: Superdielectrics moves the dial on key technology. A new cutting-edge energy storage technology developed by Cambridge green energy company Superdielectrics stems from an ongoing collaboration with leading researchers at the University of Bristol who identified and …
£69m boost for hydrogen at Cranfield is University’s largest ever ...
WEBMar 25, 2024 · A record £69 million funding haul has been received by Cranfield University to create the first large-scale hydrogen research hub at any UK airport. It will be branded CH2i. The highest ever research funding gleaned by Cranfield, it heralds a step change in researching hydrogen’s potential as a net zero aviation fuel.
UK, US and European investment as Acteon is acquired
WEBUK, US and European investment as Acteon is acquired. 26 Mar, 2024. Newsdesk. Norwich-anchored Acteon Group, a global offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP). No figures have been disclosed for the international deal. Courtesy – Acteon Group.
Shareholders vote with their wallets as Johnson Matthey profits fall
WEBMay 22, 2024 · Credit – Johnson Matthey. A reassurance from CEO Liam Condon that JM was on track to achieve strong future growth with its new market focus failed to lift stockholder sentiment. Revenue fell 14 per cent to £12.843 billion and pre-tax profit tumbled 52 per cent to £164 million, although the dividend was unchanged at 77p a share.
Begbies Traynor fortifies war chest to underpin growth blueprint
WEBFeb 25, 2024 · Begbies Traynor fortifies war chest to underpin growth blueprint. Professional services consultancy Begbies Traynor Group plc has agreed a new multimillion pound debt facility with HSBC which provides further headroom for growth. The company, which has 10 offices in the East of England, expects to continue profiting from a mix of organic growth ...
Halo and certainly not goodbye for Norwich startups - Business …
WEBJul 8, 2024 · Halo and certainly not goodbye for Norwich startups. Angel investment backer Anglia Capital Group is bidding to ramp the number of startups emanating from a fertile ecosystem in Norwich and substantially build on the success of its recent Halo Programme. Finalists and judges (left to right): Hannah Smith, Martin Kentish, William Colet, Alex ...
Frontier Developments cashes in with strong bounceback
WEB11 Jun, 2024. Tony Quested. Cambridge video games specialist Frontier Developments saw its share price hit 300p – more than eight per cent higher – by mid morning after revealing strong provisional results for the year to May 31. The figures were enhanced by an exceptionally strong second half bounceback and were ahead of expectations.